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News :: Miscellaneous |
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Heil Bush! |
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by Richard N. Draheim
(No verified email address) |
04 Oct 2001
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Heil Bush! |
Copyright
Richard N. Draheim
all rights reserved
Why has Presidential candidate George W. Bush been able to raise uncounted tens of millions of dollars? It can't be because of his positions on the issues; he has scrupulously avoided taking many. It can't be because of his knowledge of world events; he thinks being asked such questions is a trick." (He will embarrassingly lie, saying that he knows the answer to a question, and half a sentence later admit that he doesn't.)
No, George "I'm No Longer Drunk" Bush's support is because the Bush family fortune is old, and it's big, and comes from a century old alliance with the most powerful interests on Wall Street and in industry. Worse, part of Dub-a-Ya's money comes from grandfather Prescott Bush's financial alliance with the Nazis.
On October 20, 1942, the US Alien Property Custodian, under the "Trading With the Enemy Act," seized the shares of the Union Banking Corporation (UBC), of which Prescott Bush was a director and shareholder. The largest shareholder was E. Roland Harriman. (Bush was also the managing partner of Brown Brothers Harriman, a leading Wall Street investment firm.)
The UBC was established to send American capital to Germany to finance the reorganization of its industry under the Nazis. Their leading German partner was the notorious Nazi industrialist Fritz Thyssen, who wrote a book admitting much of this called "I Paid Hitler."
Among the companies financed was the Silesian-American Corporation, which was also managed by Prescott Bush, and by his father-in-law George Herbert Walker, who supplied Dub-a-Ya with his name. The company was vital in supplying coal to the Nazi war industry. It too was seized as a Nazi-front on November 17, 1942. The largest company Bush's UBC helped finance was the German Steel Trust, responsible for between one-third and one-half of Nazi iron and explosives.
Prescott Bush was also a director of the Harriman Fifteen Corporation, (this one owned largely by Roland's brother, Averell Harriman), which owned about a third of the Consolidated Silesian Steel Corporation, the rest owned by Friedrich Flick, (a member of Himmler's "Circle of Friends" who donated to the S.S.).
Republican Presidential candidate Bush's great-grandfather, Bert Walker, helped organize the Harriman investment in the Hamburg-America Line of ships, of which grandfather Prescott became a director. It was seized on August 28, 1942 because it was used to give free passage to Nazi propaganda and propagandists, and had earlier shipped guns to the Nazi's private armies to assist their takeover of Germany.
Further examples would be more tedious than shocking. But, given these evil financial dealings, how did Prescott later become a Republican Senator, and George H.W. become President? Well,the two leading attorneys for these Bush-Harriman-Nazi deals were John Foster Dulles, later Secretary of State under Eisenhower, and Allen Dulles, future head of the CIA.
Prescott's father, Samuel P. Bush, owned Buckeye Steel Castings Co. which made parts for the Harriman brothers' father's (E.H. Harriman) railroads. Harriman's financing for the railroads came largely from William Rockefeller. These shipped the oil of his brother John D. Rockefeller, the founder of Standard Oil. (This was the origin of the two Georges' involvement in the oil business.)
Samuel Bush became a leader in President Woodrow Wilson's "War Socialism" as director of small armaments and ammunition on the War Industries Board (which set up coercive price-fixing cartels over American industry during World War I). There, Bush assisted Percy Rockefeller (son of William) in his takeover of small arms manufacturers.
The elder George Bush continued the family tradition of support for totalitarian governments by supporting the Communist Chinese in the UN, and by directly aiding its military as President.
Will the younger George Bush continue to support big government, or will he support free markets? His first political act was a tax increase to subsidize his baseball stadium. When libertarians and conservative Republicans were opposing the bailout of American banks that loaned money to the Mexican government, the Texas Governor supported it, because of his connections to those Wall Street Banks.
This is in keeping with the actual history of the Republican Party. It was founded in the 1850's explicitly as the party of high taxes to subsidize politically connected businesses, (then known as "internal improvements"). All Republican Presidents in the last fifty years have continued to increase the size of the government, and claims of support for free markets and lowered taxes are mere rhetorical cover. Texas Governor George Bush will continue that tradition.
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Richard Draheim is a policy analyst and speaker. He appears on the Dallas political affairs TV magazine America Outside the Beltway as a panelist and is a featured columnist for The Dallas Libertarian Post. |
